Data and machine learning applied to corporate finance.
-
Corporate default risk: what 1.9 million filings reveal
The latest filed accounts show an operating profit. Revenue is growing; nothing flags a problem. Three years later, the commercial court opens insolvency proceedings. This is no isolated case. Among the 12,925 corporate insolvencies observed here, nearly one in four involved a company that was profitable at the operating level in its last published accounts.…
-
Corporate credit risk: what explainable AI sees before the ratios do
We have all seen the file: current ratios in order, positive equity, a business plan that holds together — and a company that files for protection eighteen months later. The question comes up in almost every transaction we work on, and the accounts rarely answer it cleanly. Can you see a corporate failure coming from…